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This property looks like a bad Long-Term investment with a projected -22.59% first-year return on $460k initial cash invested.
-22.59%
Cash On Cash
1.56%
Cap Rate
0.25
DSCR
$6,076
Rent
-$8,657
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,076 income − $14,733 expenses = $8,657 out of pocket
Investment Breakdown
|
Purchase Price
$2190k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$460k
Downpayment
20%
$438k
Closing costs
1%
$21,901
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,076
Total Expenses
$14,733
Mortgage P&I
184%
$11,209
Property Taxes
16%
$946
Home Insurance
16%
$980
HOA
0%
$17
Property Management
10%
$608
CapEx
5%
$304
Vacancy
6%
$365
Maintenance
5%
$304
Other
0%
$0